4 bedroom house of multiple occupation for sale

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4 bedroom house of multiple occupation for sale

Dickenson Road, Manchester, Greater Manchester, M14
£350,000

Our Summary

  • 0% net rental income Fantastic location for an HMO/buy-to-let investment Possible need for refurbishment in some of the apartments but only minimal

Description

This mid-terraced property has been converted into four self-contained flats, each with its own postal address and paying its own bills, including council tax. The apartments feature kitchens, bathrooms, and living rooms, with communal areas including an entrance hallway and stairs. The property also comes with a small yard and storage area. With a full HMO license and managed by a local letting agent, this freehold property offers a 8.0% net rental income, generating £28,200 per annum from the current rental income of £2,350 per month. While some apartments may require minimal refurbishment, the property's fantastic location makes it an attractive investment opportunity for those looking to capitalize on the rental market.
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